Govt gives nod to plastic money

Currency Notes 1012

Govt gives nod to plastic money

Government has given go ahead to print plastic currency notes and procurement of material has started.

The Reserve Bank for long has been planning to launch plastic currency note after field trials.

Plastic notes have an average life span of about five years and are difficult to imitate.

Also, currency notes made of plastic are cleaner than paper ones.

Govt gives nod to plastic money